2011 Asia Business SA

After trying to maintain its GDP for the last 8 years, Kore has hit for GDP growth by quarter. The country grew 6.2% during 2010. THe Bank of Korea released a statement telling how the economy succeeded last year saying that there was a "sharp upturn in facilities investment, expanded exports and a pickup in growht in private consumption." Now the governement is taking precautionary steps to hold back inflation fears that arise with growth.